{"id":3051,"date":"2021-02-15T12:48:33","date_gmt":"2021-02-15T12:48:33","guid":{"rendered":"https:\/\/thenextweb.com\/?p=1338950"},"modified":"2021-02-15T12:48:33","modified_gmt":"2021-02-15T12:48:33","slug":"despite-political-tensions-chinese-phone-brands-hoovered-up-the-indian-market-in-2020","status":"publish","type":"post","link":"https:\/\/www.londonchiropracter.com\/?p=3051","title":{"rendered":"Despite political tensions, Chinese phone brands hoovered up the Indian market in 2020"},"content":{"rendered":"\n

Last year, tensions between India and China were at a peak after multiple clashes at the border.<\/a> Trade between the two countries fell by 5.6%<\/a> as compared to 2019, and India began scrutinizing investment proposals<\/a> from Chinese firms. However, China\u2019s mobile phone makers had a strong year.<\/p>\n

A report from analyst firm IDC suggests that Chinese phone makers had more than 70% of the market in 2020. This indicates that the majority of Indian consumers are buying a device made by a company from the neighboring country. The report also notes that after multiple years of growth, the smartphone market fell by 2% in 2020.<\/p>\n

<\/i><\/a>IDC\u2019s report for Indian mobile market 2020<\/figcaption><\/figure>\n

Even in a year with the coronavirus pandemic and dwindling trade, brands such as Realme, Vivo, and Oppo showed growth in the Indian market. And while Xiaomi\u2019s year-on-year growth dropped by 6%, it solidified its #1 position with a 27% market share for the year. If we compare this to IDC\u2019s 2019 report, the top five smartphone brands \u2014 four of them are Chinese makers \u2014 have grabbed a larger share of the market in 2020.<\/p>\n

[Read: How Polestar is using blockchain to increase transparency<\/a>]<\/em><\/p>\n

The majority of smartphones sold in India are assembled locally. However, there\u2019s also a strong reliance on China to import key components<\/a> that make a phone. So it wouldn\u2019t be in India\u2019s best interest to put any restrictions on trade in the devices market.<\/p>\n

The government of India banned hundreds of Chinese apps in 2020, including TikTok, Helo<\/a>, and PlayerUnknown\u2019s Battleground<\/em> (PUBG)<\/a> multiplayer game. This series of bans started after a skirmish at the border between armies of  the two countries in June<\/a>. And ever since then, there have been growing fears in the tech community that these restrictions would even reach hardware makers<\/span>. However, there are no signs of it as of yet.<\/p>\n

So while Chinese internet companies like ByteDance are preparing to sell parts of their businesses to Indian firms<\/a>, their hardware counterparts are getting stronger in the country. And this trend might not change unless there\u2019s a sweeping policy change from New Delhi.<\/p>\n

Did you know we have a newsletter all about consumer tech? It\u2019s called Plugged In \u2013 and you can subscribe to it right here<\/a>. <\/i><\/p>\n

Published February 15, 2021 \u2014 12:48 UTC <\/p>\n

Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Last year, tensions between India and China were at a peak after multiple clashes at the border. Trade between the two countries fell by 5.6% as compared to 2019, and India began scrutinizing…<\/p>\n","protected":false},"author":1,"featured_media":3052,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/posts\/3051"}],"collection":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3051"}],"version-history":[{"count":0,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/posts\/3051\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/media\/3052"}],"wp:attachment":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}